APAC Property Market Outlook by Sector
The “Phase-One” trade agreement signed by the U.S. and China should provide a welcome boost for the global economy in 2020.
CBRE expects Asia Pacific GDP growth to stand at 4.2% this year.
Office demand is poised for a mild recovery as business sentiment has gradually improve.
New office set-up is expected to increase following China’s opening of the financial sector to wholly-owned foreign institutions.